Cannabis Legalization and Housing Co-ops
The Co-operators
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Protect Your Assets
Your co-op has three main assets, although only one appears on the audited financial statements.
Your money and buildings
Protect your co-op‘s property by buying the right insurance in the right amounts. All housing co-ops need five kinds of insurance: property, loss of housing charges, public
Coverage for Loss of Housing Charges
Date
24 August 2016
Being under-insured puts a co-op at risk. Insurance protects against a misfortune that strikes without warning. In a housing co-op anything can happen, from a fire - several major fires have occurred over the past few years - to a staff person or president gone missing, along with the entire capital
Recouping your Loss from Fraud
Date
8 October 2015
The Agency has discovered that some housing co-operatives victimized by fraud are unable to collect on their insurance because they miss the deadline for reporting their loss. Others don't try to make a claim out of the mistaken belief that a claim won't succeed without a criminal conviction.
Our
Q&A on Insurance for Housing Co-operatives
Agency for Co-operative Housing
Tip of the Month
No Vacancy Loss
28% of Agency clients lost no money to vacancies last year. Good, if this means members chose to stay in their units. Bad, if new members moved into units that hadn’t been refreshed.